1.1 What is Retail? Knowledge Check
Flashcard
•
Business
•
12th Grade
•
Practice Problem
•
Hard
Mary-Kathryn George
FREE Resource
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12 questions
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1.
FLASHCARD QUESTION
Front
What is considered a retail service?
Back
Car wash
2.
FLASHCARD QUESTION
Front
The selling of goods and/or services to a customer is called
Back
retail
3.
FLASHCARD QUESTION
Front
Term for physical goods that are bought and sold
Back
Products
4.
FLASHCARD QUESTION
Front
What is the standard term for the audience of retail stores, the people who buy things from the stores?
Back
Customers
5.
FLASHCARD QUESTION
Front
Term for intangible things, such as providing delivery, that are sold by retailers.
Back
Services
6.
FLASHCARD QUESTION
Front
Which term best describes a grower of potatoes?
Back
Manufacturer
7.
FLASHCARD QUESTION
Front
The majority of retailers are
Back
Independently Owned
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